The effectiveness of Microsoft Project in assessing extension of time under PAM 2006 standard form of contract
Time is equal to money; and it is applies in the construction industry where time is very important. Most of the standard form of contracts provide contractual clauses to ascertain time and money related to the scenarios while Extension of Time (EOT) is one of them. Under circumstance and delays,...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
IOP Publishing
2017
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| Subjects: | |
| Online Access: | http://eprints.intimal.edu.my/1014/1/Suhaida_2017_IOP_Conf._Ser.%253A_Mater._Sci._Eng._271_012049.pdf http://eprints.intimal.edu.my/1014/ |
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| Summary: | Time is equal to money; and it is applies in the construction industry where time is
very important. Most of the standard form of contracts provide contractual clauses to ascertain
time and money related to the scenarios while Extension of Time (EOT) is one of them. Under
circumstance and delays, contractor is allow to apply EOT in order to complete the works on a
later completion date without Liquidated Damages (LD) imposed to the claimant. However,
both claimants and assessors encountered problems in assessing the EOT. The aim of this
research is to recommend the usage of Microsoft Project as a tool in assessing EOT associated
with the standard form of contract, PAM 2006. A quantitative method is applied towards the
respondents that consisted of architects and quantity surveyors (QS) in order to collect data on
challenges in assessing EOT claims and the effectiveness of Microsoft Project as a tool. The
finding of this research highlighted that Microsoft Project can serve as a basis to perform EOT
tasks as this software can be used as a data bank to store handy information which crucial for
preparing and evaluating EOT. |
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